Canadian Tire Pursues Hudson’s Bay Asset Acquisition, Sources Claim
May 1, 2025, 10:21 am
In a surprising retail shakeup, Canadian Tire has reportedly made a bid for select assets of the beleaguered Hudson’s Bay chain, including key intellectual property. This strategic move signals a bold effort to rejuvenate its market presence as traditional department stores continue to face mounting challenges.
Une partie de la propriété intellectuelle du détaillant en difficulté l’intéresserait, selon deux sources.
The sources say the household goods chain has made a bid for some of the faltering department store's intellectual property
Beleaguered retailer Hudson’s Bay has attracted a bid from Canadian Tire, two sources familiar with the sales process say. The sources, who are not being named because they were not authorized to speak about the matter, say the household goods chain has made a bid for some of the faltering…
permalink / 3 stories from sources in 5 hours ago #finance #trade #business #canada
More Top Stories...
Conservative leadership in crisis: Poilievre under fire from within
Amid a turbulent post-election period, questions swirl over Poilievre’s ability to unite the Conservatives. Party members and commentators are locked in a debate on whether his defeat in a key riding—and his subsequent handling of intra-party divisions—signals a need for reform or simply growing pains as the party grapples with internal fractures. More...
Indigenous chiefs challenge Premier Smith over separatism remarks
First Nations leaders have leveled serious accusations against Alberta Premier Danielle Smith, claiming her recent legislative proposals are intended to manufacture a national unity crisis. The chiefs demand that she immediately cease stoking separatist sentiments, igniting a fierce political debate across the province. More...
Supreme Court Reviews Challenge to Trudeau Ethics Ruling
The Supreme Court of Canada is set to examine whether to allow a challenge to a federal ethics report involving Justin Trudeau and a WE Charity decision. As legal eagles circle what could be one of the more ironic chapters in political accountability, the case promises twists that rival the best courtroom dramas—with a hint of political verve. More...
Supreme Court reviews youth-led climate lawsuit
Canada's top judicial body is weighing whether to hear a groundbreaking lawsuit initiated by young activists challenging provincial climate targets. With potential to redefine government accountability on environmental issues, the case has sparked heated debates as critics and supporters alike await a decision that could reshape climate policy. More...
Supreme Court Hears Fiery Appeal Over Quebec Random Stops
Canada’s highest court is set to decide on the contentious practice of random police stops following a defeated Quebec ruling. With legal teams sharpening their arguments, this appeal could recalibrate policing tactics and civil liberty protections, sparking a judicial showdown that has everyone – even the most seasoned barristers – raising an eyebrow. More...
Related Tags
Finance
US GDP contracts in Q1 amid tariff tensions (28 hours ago)
Trade
New Brunswick Premier Urges Carney for Trade Alternatives (1 hour ago)
Ontario to table 2025 budget on May 15 amid tariff concerns (4 hours ago)
US GDP contracts in Q1 amid tariff tensions (28 hours ago)
Business
Mercedes Shifts Production to U.S. Amid Tariff Woes (1 hour ago)
Ninja Foodi recall after pressure cooker lid burn injuries (2 hours ago)
Gunshot incident targets Nova Scotia lobster buyer's residence (20 hours ago)
Canada
Calgary teen skateboarding accident leaves condition critical (0 hours ago)
Calgary stabbing death case sparks legal controversy (0 hours ago)
Supreme Court Reviews Challenge to Trudeau Ethics Ruling (1 hour ago)